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Listing Id: 25467 Last Refreshed: 05/06/2022 1121 Views

Bubble Tea Shops Business And Company For Takeover

Closed
Asking Price S$2,499,999(Neg.)
This business has been Sold

This listing is no longer accepting enquiries. Browse similar businesses currently available for sale.

Overview

Financial Performance

Monthly Figures
Revenue
Not Provided
Gross Profit
Not Provided
Net Profit
Not Provided
Monthly Rentalt
Not Provided

Business Operations & Assets

Owner Role
Full Time
Premise Status
Rent
Premise Type
Shopping Mall

Business Details

Reason For Sale

Migrating.

Description

COMPANY PROFILE:

1) LifeStyle and Trendy take away Bubble Tea beverages.

2) Innovative and Technology oriented e.g process, customer service, online order, contactless order and CRM etc.

3) Established in 2019.

4) 5 outlets with very prime locations at different shopping malls.

Sales:

1) Annual Group Revenue: $3M - $4M.

2) Gross: 65 - 70% +/-.

3) Net profit: 15-20% +/-.

4) Projected revenue: $4M to $6M.

5) Forecast Net profit : $500K to $600K.

Asking Price:

1) S$2.5 million. Selling price include all the recipes.

2) Franchise copy right and trademark under company name. The unique selling point of concept.

3) Franchisor will provide well training to owners or new staff. All the manpower, the SOP, all equipment, shops renovation, solid customer base and huge potential to grow.

4) Established website, social media with fans and supporters. All the media articles documented online.

5) *Exclusive of rental deposit to mall and material on hand*.

Key Merits:

1) Highly Value Track record: stable sales and strong customer base.

2) Good scalability : easily duplicated and can do franchise model.

3) Highly earning visibility:

- Fast moving concept.

- Pandemic proven.

- Repeated consumption model.

- With high value added potential.

- Strong differentiation from other market players.

4) Large captive market: mainly 20 to 50 age group regardless of gender.

5) Unique concept and well marketing positioning.

6) No wastage of raw material and good quality control of the base product.

For Enquiry, WhatsApp Z Lim at https://wa.me/6596199991

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